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market report · 97306
Salem, OR · 97306
87 active listings$560,000 median ask$2,908 est. rent0.5% price/rent
$560,000
Median list price
$2,908/mo
Estimated rent
0.5%
Price / rent ratio
87
Listings
FHFA home price index · 2016–2025
82.7% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.35
Median rent / sqft
86 comps
$273.04
Median sold / sqft
87 comps
—
Walkability
4.7%
Area unemployment
BLS LAUS
Median household income $101,753 · median home value $463,100 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 97).
12 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
2060 Navaho Ct, Salem, OR 97306
Salem, OR
$125,000$2,207/mo1.8%
1510 Madras St, Salem, OR 97306
Salem, OR
$279,900$1,833/mo0.7%
1989 Kari Dawn Ave, Salem, OR 97306
Salem, OR
$330,000$2,079/mo0.6%
5732 Joynak St, Salem, OR 97306
Salem, OR
$389,000$2,344/mo0.6%
1902 Spicetree Ln, Salem, OR 97306
Salem, OR
$455,000$2,718/mo0.6%
1241 Anna Ln, Salem, OR 97306
Salem, OR
$385,000$2,282/mo0.6%